M&A Deal Summary

Richline Group Acquires Gemvara

On April 27, 2016, Richline Group acquired e-commerce company Gemvara

Acquisition Highlights
  • This is Richline Group’s 1st transaction in the E-Commerce sector.
  • This is Richline Group’s 3rd transaction in the United States.
  • This is Richline Group’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2016-04-27
Target Gemvara
Sector E-Commerce
Buyer(s) Richline Group
Deal Type Add-on Acquisition

Target

Gemvara

Boston, Massachusetts, United States
Gemvara, Inc. is an online retailer of customizable fine jewelry that includes rings, necklaces, bracelets, pendants, earrings and jewelry gifts.

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Buyer(S) 1

Buyer

Richline Group

Tamarac, Florida, United States
Category Company
Founded 1982
Sector Apparel/Textiles
DESCRIPTION

Richline Group, Inc. was formerly known as (Aurafin LLC) a U.S. manufacturer and distributor of moderately priced gold jewelry. The Richline Group will maintain the highest standards of integrity in every action we take. We will utilize our leadership position to advance the relevance of the jewelry industry and responsibly fulfill our commitments. We will inspire our employees to grow and reach their potential. Innovation, technology, creativity and collaboration.

DEAL STATS #
Overall 4 of 7
Sector (E-Commerce) 1 of 1
Type (Add-on Acquisition) 4 of 7
State (Massachusetts) 1 of 1
Country (United States) 3 of 6
Year (2016) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-17 Chrysalis

United States

Chrysalis is a brand focused on creating stackable bangle bracelets adorned with talismans, good luck charms and spiritual symbols.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-19 John C. Nordt

Roanoke, Virginia, United States

John C. Nordt Co. is a manufacturer and supplier of precious metal products to the jewelry industry.

Buy -
Mergr

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